Hi,
I am unsure of the best "Quote Field" to use on my charts in Multicharts.
I currently use 'trade'. My mate says I should use 'Bid' (for no real reason).
Is either setting better than the other?
Trade/Bid/Ask
- Dave Masalov
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- Joined: 16 Apr 2010
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Re: Trade/Bid/Ask
A bid price is the price that a buyer (i.e., bidder) is willing to pay for a good. Ask price, is a price a seller of a good is willing to accept for that particular good. Trade price is the price of actual trade (usually between bid and ask).
http://en.wikipedia.org/wiki/Bid_price
http://en.wikipedia.org/wiki/Ask_price
What type of data to use depends on your needs.
http://en.wikipedia.org/wiki/Bid_price
http://en.wikipedia.org/wiki/Ask_price
What type of data to use depends on your needs.